AMALGAMATED DAIRIES.

Hawke's Bay Tribune, Volume XVII, Issue 202, 10 August 1927, Page 6

AMALGAMATED DAIRIES.

NEW COMPANY’S ASSERTIONS. Auckland, Aug. 9. A new company, entitled Amalgamated Dairies, Ltd., was registered to-day with a capital of £40,000 subscribed as follows:—New Zealand Cooperative Dairy Company 20,000 shares, William Goodfellow 10,000, J. B. Wright 8000, William Goodfellow (staff shares) 2000. Mr Goodfellow states that the company has been formed for the express purpose of undertaking the supervision of sales of dairy produce in the United Kingdom and for the marketing of both butter and cheese in all other countries where f.o.b- and c.i.f. sales have to be made. In short, the Amalgamated Dairies, Ltd., would endeavour, by voluntary means, to accomplish the work on behalf of the industry which the Dairy Control Board had failed to do by absolute control.

An agreement had been entered into bv Amalgamated Dairies, Ltd., with the New Zealand Co-operative Dairy, Co.. Ltd., to market all exportable dairy products manufactured by that concern for a period of five years, and other co-operative dairy companies would in future have the same marketing opportunities. It was proposed to make year-to-year agreements with factories and to pool the dairy produce with that of the New Zealand Co-operative Dairy Coship for ship and grade for grade. Facilities would also he given factories to make f.o.b. or c.i.f. sales without financial commitment.